Garrett Jin closes ZEC short position, BTC long position with a floating loss of $179 million

According to data from the Central Bank of El Salvador, El Salvador received over $5 billion in overseas remittances in the first half of 2026, of which $35.4 million was settled through cryptocurrency channels, accounting for 0.7% of the overall remittance scale. In the same period of 2025, cryptocurrency remittances amounted to 25.4 million US dollars, an increase of 39.1%. Banks and traditional remittance companies hold over 84% of the market share. El Salvador passed the Bitcoin Act in 2021, making Bitcoin a legal tender. The government supported Chivo wallet is gradually ceasing operations under a credit agreement with the International Monetary Fund (IMF).

According to Onchain Lens monitoring, Changxin Storage has deposited 10 million USDC into Hyperliquid as its largest short position and set up TWAP orders to increase its CXMT short position. The address holds 2.128 million CXMT empty orders worth 13.1 million US dollars, with unrealized profits of 618000 US dollars and a cumulative historical profit of 792800 US dollars.

As of July 25, 2026, a total of 10 listed companies hold over 1 million BTC. Strategy holds 843775 BTC worth approximately $58 billion. Twenty One Capital holds 43514 BTC, Metaplanet holds 43000 BTC, Mara Holdings holds 36303 BTC, Bullish holds 24300 BTC, Strike holds 19921 BTC, SpaceX holds 18712 BTC, Coinbase Global holds 16492 BTC, Riot Platforms holds 15680 BTC, and Cleanspark holds 13924 BTC. SpaceX went public on NASDAQ on June 12, 2026, raising approximately $85.7 billion through its IPO. Since 2026, Riot Platforms' stock price has risen by 73%, Cleanspark has risen by 39%, Mara Holdings has risen by 31%, Strategy has fallen by 40%, Metaplanet has fallen by 49%, Twenty One Capital has fallen by 48%, and Coinbase Global has fallen by 31%.

Chainalysis CEO told CNBC that North Korea is actively stealing Bitcoin to fund nuclear weapons development. （The Bitcoin Historian）

Andrej Karpathy responded to speculation about his resignation from Anthropic, stating that the rumors were false and explicitly stating that he did not resign.